Nestled on a generous 2,026sqm freehold section in a quiet cul-de-sac, this versatile property at 45 Gibson Road, Tuakau, Waikato, boasts 4 bedrooms, 1 bathroom, and 4 carparks. Constructed in 1960 with brick walls and an iron roof, both in average condition, this home and income opportunity has a floor area of 220sqm and is on an easy to moderate contour. The property's government valuation (CV) has remained stable at $920,000 since 2023, with a 0.0% increase. HouGarden AVM estimates the property's value at $912,500, while the latest sales were recorded at $920,000 in 2024 and $693,000 in 2016.
With rental income potential and development prospects, this property offers a main house with 3 double bedrooms, a separate toilet, and a spacious, sunny lounge, currently appraised at $400 - $430pw. Additionally, there's a 1-bedroom self-contained flat with its own entrance, kitchenette, and lounge, appraised at $280pw. Ample garaging includes an attached double carport and a detached double garage with a carport and a lockable garden shed.
For families, the property falls within the Tuakau College zone, a secondary school with a decile rating of 4. This is an amazing investment opportunity that should not be missed.
Updated on November 07, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.06 km | 4 | 2 | 166m2 | Year 2024 Month 12 Day 12 | - | Council approved | |
 | 0.20 km | 0m2 | Year 2024 Month 10 Day 15 | $300,000 | Council approved | |||
 | 0.10 km | 3 | 2 | -m2 | Year 2024 Month 10 Day 01 | - | Council approved | |
 | 0.18 km | 3 | 1 | -m2 | Year 2024 Month 09 Day 16 | $670,000 | Council approved | |
 | 0.16 km | 5 | 216m2 | Year 2024 Month 08 Day 05 | $891,000 | Council approved |